Form 4: CarMax Director Peter Bensen Trades Shares

CarMax Inc. Director Peter J. Bensen reported a transaction involving the acquisition of 2,500 shares of common stock on June 22, 2026.

Summary

• Peter J. Bensen, a Director at CarMax Inc., acquired 2,500 shares of common stock on June 22, 2026.
• The acquisition was made at a price of $52.20 per share.
• Following this transaction, Mr. Bensen beneficially owns 24,796 shares of CarMax Inc. common stock.
• The filing also includes a Power of Attorney granted by Peter J. Bensen to John M. Stuckey III, Terence Rasmussen, Christine Carter, and Chelsea Shrader, authorizing them to execute and file Section 16 reports on his behalf.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While an insider purchase can be positive, it's a single transaction and doesn't provide broad company performance insights.

Positives

• Director acquisition of shares can signal confidence in the company's future prospects.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged trading strategy.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports a past transaction.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those by directors, are closely watched by the market as potential indicators of management's view on the company's valuation and future performance. The acquisition of shares by a director in a company like CarMax, a major player in the used car market, can be interpreted as a positive signal.

Stakeholder Impact

• Shareholders: May interpret the director's purchase as a positive signal of confidence in the company's stock value.
• Management: The transaction is executed under a Rule 10b5-1(c) plan, which is a standard governance practice for managing insider stock transactions.
• Employees: Indirectly may benefit from positive market sentiment if the insider purchase is perceived as a strong indicator.

Next Steps

• The Power of Attorney remains in effect until Mr. Bensen is no longer required to file Forms 3, 4, and 5 with respect to CarMax Inc.

Key Dates

Keywords

CarMax Inc, KMX, Form 4, Insider Trading, Beneficial Ownership, Peter J. Bensen, Director, Common Stock, SEC Filing, Securities Exchange Act